So, based on the .382 correction the theoretical max extension should be 1/.382 = 2.618, at the more conservative level we should see 68,625 or so but...you can't see the 2.618 extension but it's at 74k, 74k psych is my target by friday next week the 26th!
So we have one more run up towards 74k psych after 68k is broken then we should see correcting down towards the 50k range and eventually the 30-40k (I believe .786 level) through the year following our net final leg up.
So we have one more run up towards 74k psych after 68k is broken then we should see correcting down towards the 50k range and eventually the 30-40k (I believe .786 level) through the year following our net final leg up.